Yahoo!’s Carol Bartz Listed In Top 25 Overpaid CEOs
Yahoo! Inc. (NASDAQ:YHOO) CEO Carol Bartz has been placed in a top 25 list and it is not a good one. Bartz was listed in the top 25 list of overpaid CEOs as conducted by Glass, Lewis & Co. Yahoo! appears to lack a vision and revenues are flat.
Bartz made $39 million from Yahoo! last year, which includes salary and stock options not sold yet. “Bartz represents a problem we find at many other firms with poor pay-for-performance grades: excessive compensation awarded to executives to encourage them to join or remain with a company.”
Other overpaid CEOs on the Glass, Lewis list include Sanjay Jha (Motorola), Ahmad Chatila (MEMC), Ronald Hovsepian (Novell), Dan Hesse (Sprint), and Steven Appleton (Micron).This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry